1. BTC After Crossing MA 50 (Orange Line) 25th July BTC Up from 34k to 69k till 21st Oct (Double in 3 months) 2. Closing Below MA 50 (Orange line) Nov. 16 BTC down from 63k-32.9k till 24th Feb (Almost Half in next 3 months) 3. Now again on March16 BTC closes above MA 50 again Current Price 40.5k - Hoping 80k-85k in next 3 months i.e.15th June 2022)...
Link manages to Hold 200 MA (Orange line). In July 21 it closes above orange line and touched 36$. Second reason Link working on web3. Recommended to buy Link Short term to Long term. Buy Link 15.7, tgt 16.7, 17.5 , 18.7, 20, 23. Long term target 50-75$
This is a long fakeout in the chart of $ENPH. We look at this fakeout after it brakes a trendline and you don't find continuation to the downside after retesting the break. After this, the fakeouts market liquidates many MANY sell positions and call options that they do 2 things: Scare the sellers with bad loses Add tons of liquidity or volume around these...
While the majority of the companies in the survey pool were small businesses as they account for 71% of the respondents, 16% of them were large companies and 13% were medium scale businesses. What this survey shows is that despite the litany of moves the government has made to drive its people towards Bitcoin, the level of adoption is still considerably...
NSE:LXCHEM TEN POINTS 1. Laxmi Organic Industries is a specialty chemical manufacturer, focused on two key business segments - Acetyl Intermediates (AI) and Specialty Intermediates (SI)..The company is currently among the largest manufacturers of ethyl acetate in India with a market share of approximately 30% of the Indian ethyl acetate market. Laxmi Organic...
I'm bearish on crude as we begin the week, in the medium term. We have been quite bullish on this commodity. However it looks like we may correct to 86 and/or 85.30$ price point before continuing our Bullish Ascent to 90$
Bitcoin is allergic to the 350 day moving average. Spending > 10% of it's time in this region over the last 2 years. Admittedly we've been in a bull run but this is a good time to buy for me looking toward a mid to late January peak. Second to this 350 MA tap is the MACD that seems to want to cross to the positive from a oversold Bitcoin perspective....
Based on simple price action TA, we can see price trying to go up slowly caused by not enough cold weather on next weeks. 4$ is a clear resistance but I am just aiming the leg up this move. Like and share thanks !
It's hard to say whether the last low is the end of the green C, but if it's, we should have a complete expanding flat between the orange lines. So, I'm looking for long trade setup. It seems like a reversal structure that has been forming after the last low. That's why I'm waiting for a correction to place a pending order. If I see a smaller trade setup after the...
We may have a complete expanding flat, and a reversal structure. That's why I placed a pending order under the last low, but I'm hoping for another upward movement and a small trade setup after the correction. If it happens, I'll update the entry price and lot size.
I think we have two options. First, a complete correction under the blue trendline and one more downward impulse. If it happens, I'll take a long trade after a reversal structure. Second, an expanding flat between the yellow lines, and a reversal impulse. Because of this option, I'm waiting for a correction to place a pending order.
ICICI Bank has broken cup and handle pattern and have retested and moved up from the level. there is high probability of it to test the price of 800) in coming 1-2 months. If BANKNIFTY will remain sideways or bullish then it it will surely touch 800. These are my view on the etries accumulation zone 667.5-670 distribution zone 750-800 Risky zone 650 or...
It seems like we may have a complete running flat between the green lines. If this is the case, a reversal structure should be in the making. I'm waiting for a trade setup on the lower time-frame to sell it. The second scenario is a correction over the blue trendline and more upside. That's why I'll try to move SL to BE around trendline if I take a trade.
We may have a complete correction, and if so, we should have a reversal structure. That's why I've placed a pending order over the last top. If I see a small trade setup after the correction, I'll modify my entry price and lot size accordingly.
Although we have a new high, the previous monthly top (the red A), which is shown by the dashed line, hasn't been broken yet. This means, the monthly structure remains a running flat. That's why I want to take a short trade. Structure-wise, the minimum target will be 73.700, but it won't be my trading target since it will take a long time to get there. I placed a...
I think a huge correction between the red lines is made, and the last low can be the end of it. The last part looks like a squeezing channel, which is one of the best reversal patterns. Although everything looks good for upside, it's still in the channel, and it can come down more. What we have after the last low looks like a reversal structure. Now, I'm waiting...
On the daily scale, a running flat should be in the making, and it seems like we need an upward impulse for a complete wave B inside that daily running flat. So, I'm looking for long trade setups. As you can see, we got a bounce-back, which can be the reversal impulse, after a new low, which can be the end of the wave C. Now, I'm waiting for a correction to place...